PARCOFIN
ActiveSummary
PARCOFIN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45.24M and a net result of €7k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-62
Solvency46▼-54
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.27 in 2024; short-term debt: 1.7% and cash: 0.1% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.2%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
23 d late
2022
30 d late
2021
3 d early
2020
24 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 100.0%
2024 · €28.80M
2019: €271k
2020: €50k
2021: €314k
2022: €2.52M
2023: €63k
2024: €28.80M
2019 → 2025
Working capital
€-207k▲ 97.9%
2024 · €-9.88M
2019: €1.07M
2020: €299k
2021: €436k
2022: €3.62M
2023: €4.18M
2024: €-9.88M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13.85M-€16.37M▲ 18.2%€16.44M▲ 0.4%€45.23M▲ 175%€45.24M=
Operating result€2k-€2.47M▲ 106,262%€14k▼ 99.4%€28.73M▲ 201,048%€-64k
Net result€314k-€2.52M▲ 702%€63k▼ 97.5%€28.80M▲ 45,554%€7k▼ 100.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €64k after €28.73M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213.19M
Fixed assets
€209.71M ▲ 281%
Current assets
€3.49M ▼ 6.3%
Equity and liabilities €213.19M
Equity
€45.24M =
Debt
€167.95M ▲ 1,135%
Debt's share of the balance-sheet total rises from 23.1% to 78.8%. Debt is higher.
Key figures and ratios
Current ratio
0.94▲
2024 · 0.27
Debt to equity
3.71▲
2024 · 0.30
ROE
0.0%▼
2024 · 63.7%
ROA
0.0%▼
2024 · 48.9%
Debt ≤ 1 year
€3.69M▼
2024 · €13.60M
Debt > 1 year
€164.26M
Income taxes
€2k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€58.83M€213.19M▲
Formation expenses20€0€0=
Fixed assets21/28€55.11M€209.71M▲
Financial fixed assets28€55.11M€209.71M▲
Current assets29/58€3.72M€3.49M▼
Amounts receivable within one year40/41€3.50M€3.30M▼
Trade receivables40-€1.88M
Other amounts receivable41€3.50M€1.42M▼
Current investments50/53€4k€4k=
Cash at bank and in hand54/58€71k€110k▲
Deferred charges and accrued income490/1€144k€74k▼
Equity and liabilities
Total equity and liabilities10/49€58.83M€213.19M▲
Equity10/15€45.23M€45.24M=
Contributions10/11€126k€126k=
Capital10€126k€126k=
Issued capital100€126k€126k=
Reserves13€554k€554k=
Non-distributable reserves130/1€554k€554k=
Legal reserve130€554k€554k=
Profit (loss) carried forward14€44.55M€44.56M=
Amounts payable17/49€13.60M€167.95M▲
Amounts payable after more than one year17-€164.26M
Other amounts payable178/9-€164.26M
Amounts payable within one year42/48€13.60M€3.69M▼
Trade debts44€56k€1.62M▲
Suppliers440/4€56k€1.62M▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€13.54M€2.07M▼
Income statement
Code20242025
Non-recurring operating income76A€29.89M-
Other operating charges640/8€968€998▲
Non-recurring operating charges66A€1.12M-
Gross operating margin9900€29.84M€-63k▼
Operating profit (loss)9901€28.73M€-64k▼
Financial income75/76B€73k€74k▲
Recurring financial income75€73k€74k▲
Financial charges65/66B€1k€626▼
Recurring financial charges65€1k€626▼
Profit (loss) for the period before taxes9903€28.80M€9k▼
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€28.80M€7k▼
Profit (loss) for the period to be appropriated9905€28.80M€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44.55M€44.56M=
Profit (loss) brought forward from the previous period14P€15.76M€44.55M▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €7k ▼100%
Net result drops to €7k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Highest result since 2019net €28.80M ▲45554%
Operating result €28.73M, net result €28.80M, both a record.
31-12
Financial
Equity above €25MEq €45.23M ▲175%
6 profitable years in a row build equity to €45.23M.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial
Liquidity times 25current ratio 92.64
Current ratio from 3.77 to 92.64; short-term debt falls from €1.31M to €46k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.77
Current ratio from 1.69 to 3.77.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gembloux · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Tirlemont 755030 GemblouxGround area
9.2 ha
Building footprint
1.4 ha
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Route de Chênemont, Cor. 130, 5032 Gembloux
since 20002.093.682.741
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0287/00F000 | Wallonia | 7.8 ha | 1 · 1.4 ha | - |
| 92026B0076/00G000 | Wallonia | 1.4 ha | 1 · 468 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.